167 Forrest Street, Kalgoorlie WA 6430

167 Forrest Street, Kalgoorlie WA 6430
2-bedroom house | 470sqm block | established Kalgoorlie street | predominantly owner-occupied area The property offers a compact but well-configured two-bedroom house on a 470-square-metre block in a street where 85 percent of residents are owners, which typically supports stable neighbourhood conditions and lower turnover. Its location within walking distance to Kalgoorlie Primary School and Eastern Goldfields College makes it particularly suited to owner-occupiers seeking proximity to education, while the small block reduces ongoing maintenance. The asking price sits above automated estimates, which may reflect the premium for a recently updated or reconfigured floorplan, and the propertyโ€™s positioning in a central, established part of Kalgoorlie gives it a practical edge over fringe developments. The main risk is the discrepancy between some sources showing one bedroom and current listings showing two, which a buyer should verify through inspection and council records, as this could affect both valuation and financing. The lack of recent sales history since 2008 means comparable evidence is limited, and the streetโ€™s median price of $309,000 suggests the current asking requires a strong justification. For an investor, the 15 percent rental proportion on the street and modest block size may limit yield potential, but the propertyโ€™s condition and location could support steady demand from tenants or first-home buyers.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 167 Forrest Street, Kalgoorlie WA 6430
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Market Insight:

Kalgoorlie is a regional mining hub with a market driven by trade-based employment, offering investors compelling rental yields. Recent price growth has been robust, supported by strong demand from a workforce with above-average regional incomes. The market moves quickly, with houses selling in under a month, indicating tight supply. Future growth is anchored to the mining sector’s stability, though this creates a key risk of sensitivity to economic cycles and interest rates, given the market’s reliance on investment yields.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

471mยฒ

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